The state of the reverse mortgage business in early 2025
Reverse mortgage lenders are making moves in early 2025 while business is humming — though not booming — in the early months of the year.
HECM
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How a government shutdown could impact reverse mortgages
If a government shutdown happens, here are the likely reverse mortgage business impacts based on recent history and HUD’s contingency plan.
Finance of America reports Q4 loss, full-year profit for 2024
FOA remains bullish about reverse mortgage industry prospects despite some market turbulence, its leaders said this week.
What has the CFPB done for the reverse mortgage industry?
As the CFPB is being scaled back by current leaders, RMD takes a look at its impact on the reverse mortgage industry.
Maryland reverse mortgage bill withdrawn following industry dialogue
A Maryland reverse mortgage bill seeking to establish an escrow account for expenses has been tabled for now after industry dialogue.
Columnist: Reverse mortgages have benefits that come with risks
Reverse mortgages can be beneficial in the right situation, but there are risks to consider, personal finance columnist Liz Weston writes.
Reverse mortgage endorsements, securities issuance fell in February
HECM endorsements and HMBS issuance declined in February, which some professionals said reflected higher mortgage rates at the start of 2025.
Report suggests key HECM field office at HUD could be shut down
Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.
New executive leaders at FOA to focus on ‘modernizing’ tech, customer experience
FOA has added new chief customer and technology officer roles to its rankings as it seeks to modernize its technology.
NRMLA announces first event of 2025
The reverse mortgage trade association announced that its Western Regional Meeting will be held April 29 in Irvine, California.